China considers CSR legislation.

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A division of the Chinese Ministry of Commerce has released draft guidelines with potentially far-reaching ramifications for foreign investors' corporate social responsibility (CSR) activities. They raise the possibility that non-Chinese companies will be required by law to adopt CSR initiatives.

The Chinese Academy of International Trade and Economic Co-operation published the document, entitled Guidelines on Corporate Social Responsibility Compliance for Foreign Invested Enterprises, in August.

"The government has been stressing the need for companies to be socially and environmentally responsible. These guidelines are the strongest indication yet of its expectations of foreign investors," said Liu Wei, chairman of the China practice at law firm DLA Piper.

The document...

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